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Empire Asset Management Adjusts Rating for Brookfield Asset Management (NYSE:BAM)

  • Empire Asset Management has adjusted its rating for Brookfield Asset Management (NYSE:BAM) to Neutral, with a slight price target adjustment from Bank of America.
  • BAM showcases a strong year-over-year increase in fee-related earnings by 16% and significant capital inflows of $97 billion.
  • Despite a high price-to-distributable earnings (DE) multiple of 38x, BAM's projected annual DE growth of 18% suggests a potential reduction to 16x by 2030.

On October 3, 2025, Empire Asset Management adjusted its rating for Brookfield Asset Management (NYSE:BAM) to Neutral, maintaining a hold action. At this time, BAM's stock price was around $57.35. Bank of America also revised its price target for BAM, lowering it slightly from $68 to $67, as highlighted by TheFly.

Brookfield Asset Management is known for its high-growth, asset-light business model. The company is leveraging trends like digital infrastructure, deglobalization, and decarbonization. In Q2, BAM showed strong momentum with a 16% year-over-year increase in fee-related earnings. This growth is supported by significant capital inflows of $97 billion over the past year.

Despite a current price-to-distributable earnings (DE) multiple of 38x, BAM's projected annual DE growth of 18% could potentially reduce this multiple to 16x by 2030. This suggests that investors who are patient may see rewards in the long term. The stock's current price on the NYSE is $57.34, reflecting a slight increase of 0.97%.

Today, BAM's stock has fluctuated between a low of $56.86 and a high of $57.38. Over the past year, the stock has seen a high of $64.10 and a low of $41.78. The company's market capitalization is approximately $92.5 billion, with a trading volume of 130,680 shares.